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Non-Life Insurance in Bulgaria, Key Trends and Opportunities to 2017

Naperville, IL -- (SBWIRE) -- 04/04/2014 -- Reportstack, provider of premium market research reports announces the addition of Non-Life Insurance in Bulgaria, Key Trends and Opportunities to 2017 market report to its offering
The Bulgarian non-life insurance segment is the largest in the countrys insurance industry, accounting for 80.9% of the gross written premium in 2012. The non-life segments penetration is expected to increase from 1.67% in 2012 to 1.73% in 2017. The gross written premium registered by the segment is expected to increase at a CAGR of 6.0%. The non-life segment is concentrated with the six leading companies accounting for 66.2% of the gross written premium in 2012.

Scope
This report provides a comprehensive analysis of the non-life insurance segment in Bulgaria:
It provides historical values for Bulgarias non-life insurance segment for the reports 2008-2012 review period and projected figures for the 2012-2017 forecast period.
It offers a detailed analysis of the key categories in Bulgarias non-life insurance segment, along with market forecasts until 2017.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
It analyses the various distribution channels for non-life insurance products in Bulgaria.
Using Porters industry-standard Five Forces analysis, it details the competitive landscape in Bulgaria for the non-life insurance segment.
It provides a detailed analysis of the reinsurance segment in Bulgaria and its growth prospects.
It profiles the top non-life insurance companies in Bulgaria and outlines the key regulations affecting them.

Reasons to Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Bulgarian non-life insurance segment and each category within it
Understand the demand-side dynamics, key market trends and growth opportunities within the Bulgarian non-life insurance segment
Assess the competitive dynamics in the non-life insurance segment, along with the reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the Bulgarian insurance industry and its impact on companies and the market's future

Key Highlights
The Bulgarian non-life insurance segment is the largest in the countrys insurance industry, accounting for 80.9% of the gross written premium in 2012.
The Bulgarian non-life segment was driven by the motor third-party liability segment during the review period and this is expected to continue over the forecast period.
Bulgarian non-life insurers are heavily dependent upon insurance brokers who accounted for 43.8% of total gross written premium from new business collected in 2012.
The non-life segment is concentrated with the six leading companies accounting for 66.2% of the gross written premium in 2012.
The frequent occurrence of natural disasters in Bulgaria has enhanced the public awareness about property insurance and its benefits.